Shares of Cadeler A/S (OTCMKTS:CADLF – Get Free Report) rose 16.1% during mid-day trading on Friday. The company traded as high as $6.85 and last traded at $6.85. Approximately 100 shares were traded during mid-day trading, a decline of 94% from the average daily volume of 1,700 shares. The stock had previously closed at $5.90.
Cadeler A/S Stock Performance
The firm’s 50 day moving average price is $6.03 and its 200 day moving average price is $6.00.
About Cadeler A/S
Cadeler A/S is a Denmark-based offshore wind services company that provides marine logistics and installation solutions for the renewable energy industry. The company operates specialized jack-up vessels designed to transport, install and service offshore wind turbine components and foundations.
Its services include the transportation and installation of wind turbines, foundations and other major components, as well as offshore construction support, maintenance and decommissioning activities.
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